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Bitcoin Dips Below $9,000 as Altcoins Bleed Out: Friday’s Price Watch

After failing to reclaim the $9,300 mark yesterday, Bitcoin’s price went on a negative spiral down to $8,950 on some exchanges.As it typically happens, most alternative coins followed the adverse move and have charted losses in the past 24 hours.Bitcoin Dips Below $9kAs reported yesterday, the primary cryptocurrency made an indecisive attempt to reconquer the $9,300 level. Although it failed, the asset managed to hover around $9,200.In just a few hourly candles, however, BTC went on a sharp...

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Bitcoin Cash Analysis: Crucial Resistance Nearby, Can The Bulls Make It?

Bitcoin cash price declined sharply below $220 and traded close to $205 against the US Dollar.The price is currently correcting higher, but it is likely to face hurdles near $225.There is a key bearish trend line forming with resistance near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must surpass the $224 and $225 resistance levels to start a fresh increase in the near term.Bitcoin cash price is facing a major hurdle near $225 $225 against the US Dollar....

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Will This Year’s Third Quarter Be Negative for Bitcoin?

Bitcoin has remained relatively stable over the past few weeks, but according to Emmanuel Goh – co-founder and CEO of crypto data analytics company Skew – the currency is entering the third quarter, which means its volatility could potentially increase very soon.Bitcoin Doesn’t Experience Good Things in Third QuartersGoh suggests that in the past, third quarters have typically led to lowered prices for both bitcoin and its altcoin cousins. In an interview, he states of the 2020 second...

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Obyte’s Decentralized Token Registry gelaunched

Das User Interface ist zwar noch in seiner Beta-Version, aber das dezentralisierte Token-Register von Obyte ist nun offiziell online. Der Launch wurde schon im März angekündigt und kann nun unter tokens.ooo erreicht werden.Obyte News: Obyte’s Decentralized Token Registry gelaunchedDas Registry wird natürlich von einem Autonomous Agent verwaltet. Im Register ist es nun einfach möglich, registrierte Namen anzuzeigen, hinzuzufügen und auch zu unterstützen, was zuvor etwas umständlicher über die...

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Are Altcoins Worth Investing in Right Now?

Many online businesses are seeing the rise of Bitcoin and cryptocurrencies and are starting to see them as a viable method of payment.It’s a strange time we’re living in. The world’s economy is struggling and many businesses are sinking without a trace as they look to cope with the current pandemic.Over the last few weeks we’ve also seen some altcoins bounce back well, even quicker than Bitcoin has. So is now the perfect time to invest?The market cap of Binance USD has increased from...

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EOS Price Analysis: Trading Near Make-or-Break Levels At $2.45

EOS price remained in a bearish zone and extended its decline below $2.225 against the US Dollar.The price traded as low as $2.182 and it is currently correcting higher towards the 55 simple moving average (4-hours).There is a significant bearish trend line forming with resistance near $2.450 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the key $2.450 resistance zone.EOS price is slowly recovering and approaching a crucial...

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Bitcoin Fails at $9,300 as DeFi Altcoins Surge: Thursday’s Price Watch

Bitcoin attempted to conquer the $9,300 but to no fruition. The price pulled back and failed to breach the level. Meanwhile, the DeFi market continues to boom, with numerous projects marking double-digit daily increases.Bitcoin Price Fails at $9,300Bitcoin didn’t manage to claim $9,300 yesterday and has since retraced to its current trading level at around $9,200.As CryptoPotato reported, this is a vital level to watch in the short-term and should provide a good indication of how confident...

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Crypto Firm TenX Shifts Management Following Wirecard Fiasco

The e-money payment platform has announced some core changes in its managing board. The leadership shift came up with a new CEO and Chief Financial Officer (CFO).Change of PlacesThough not so much of a significant change in the manner of adding new people to its company’s leading positions, TenX has made an important turn in its managing team. In a recent post on their official website and twitter account as well, it was announced that their new Chief Executive Officer (CEO) will be Claude...

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Litecoin (LTC) Price Analysis: Bulls Facing An Uphill Task At $42.50

Litecoin price extended its decline and it even spiked below $40.00 against the US Dollar.LTC price is now correcting higher towards $42.50 and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $42.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong increase above $42050 or resume its decline towards $38.50.Litecoin price is trading in a negative zone against the US Dollar, while...

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Altcoin Season on Wall Street Booms: Wirecard AG Stock Up 700% In 5 Days

Despite the German-based online payment processor Wirecard filing for insolvency last week, its stock price has surged by 700% in merely a few days. WDI plunged to a bit over 1 EUR and jumped to above 9 EUR earlier today following positive news from the UK’s regulator.Wirecard AG’s Stock Price Roller-CosterThe company’s drama began a few weeks ago as its decade-long auditor Ernst & Young was unable to locate 1.9 billion EUR ($2.1bn) in company funds. Shortly after, long-time CEO Markus...

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